Common use of SGR Security Agreement Clause in Contracts

SGR Security Agreement. Each of the Borrower and Comair shall have duly executed and delivered to the Collateral Agent a slot, gate and route security and pledge agreement, in substantially the form of Exhibit D (the “First Lien SGR Security Agreement”), together with (i) in respect of each of the FAA Slots, undated slot transfer documents, executed in blank to be held in escrow by the Collateral Agent and (ii) all financing statements in form and substance reasonably acceptable to the Collateral Agent, as may be required to grant, continue and maintain an enforceable security interest in the applicable Collateral (subject to the terms hereof and of the other Loan Documents) in accordance with the Uniform Commercial Code as enacted in all relevant jurisdictions.

Appears in 2 contracts

Samples: First Lien Security Agreement (Delta Air Lines Inc /De/), Credit and Guaranty Agreement (Delta Air Lines Inc /De/)

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SGR Security Agreement. Each of the The Borrower and Comair shall have duly executed and delivered to the Collateral Administrative Agent a slot, gate and route security and pledge agreement, in substantially the form of Exhibit D C (the “First Lien SGR Security Agreement”), together with (i) in respect of each of the Primary Slots that are FAA Slots, undated slot transfer documents, executed in blank to be held in escrow by the Collateral Administrative Agent and (ii) all financing statements in form and substance reasonably acceptable to the Collateral Administrative Agent, as may be required to grant, continue and maintain an enforceable security interest in the applicable Collateral (subject to the terms hereof and of the other Loan Documents) in accordance with the Uniform Commercial Code as enacted in all relevant jurisdictions.

Appears in 1 contract

Samples: Security Agreement (Delta Air Lines Inc /De/)

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SGR Security Agreement. Each of the Borrower and Comair shall have duly executed and delivered to the Collateral Administrative Agent a slot, gate and route security and pledge agreement, in substantially the form of Exhibit D C (the “First Lien SGR Security Agreement”), together with (i) in respect of each of the Primary Slots that are FAA Slots, undated slot transfer documents, executed in blank to be held in escrow by the Collateral Administrative Agent and (ii) all financing statements in form and substance reasonably acceptable to the Collateral Administrative Agent, as may be required to grant, continue and maintain an enforceable security interest in the applicable Collateral (subject to the terms hereof and of the other Loan Documents) in accordance with the Uniform Commercial Code as enacted in all relevant jurisdictions.

Appears in 1 contract

Samples: Security Agreement (Delta Air Lines Inc /De/)

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